Back to the Future: The Quiet Revolution at the Fed

Back to the Future: The Quiet Revolution at the Fed Fed Chair Kevin Warsh advocates ending the decades of market-saving interventions and breaking the dependency on central bank rescues. He seeks to restore true price discovery by prioritizing long-term stability over short-term market noise, ultimately favoring reduced leverage and organic market cycles. The Warsh era […]
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A Brief History of Debt

A Brief History of Debt (and Why it Matters) The last few weeks have looked a lot like 2022, which was the worst year for the 60/40 portfolio since 1937. I could write a book detailing the missteps of Congress and the Fed that have led us here, but there isn’t time for that, so […]
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